Redwood Bolsters Executive Team Ahead of Proposed RTO

A banking leader with more than 30 years’ experience has joined Redwood Bank at an exciting time in its short history. John Eastgate, who has previously worked in C-suite roles with OSB Group and Shawbrook Bank, is the new Chief Commercial Officer at Redwood Bank, which recently announced a proposed reverse takeover. Edinburgh-born John is looking forward to contributing to Redwood’s story and believes the Bank has strong foundations to build on. “Redwood’s size was one of the factors that attracted me to the bank. I wanted a role where I could be an influence, not be lost in a huge business. Redwood has created a core of belief in its people, and it’s important you don’t lose that core – you grow with it, and I’m keen to support that. “The proposed RTO is a huge opportunity for Redwood and will provide a platform to grow in the years ahead. I’m excited by what I can bring to that.” Gary Wilkinson, Co-Founder and CEO of Redwood Bank, said: “John has joined us at a very important time and we are delighted to welcome him to the team. He is a strong leader and his experience will be invaluable as we enter the next exciting stage of the journey.”